Micron Technology beat fiscal second quarter earnings expectations, leading to a +6.9% jump in its stock price on Thursday.
The semiconductor company raked in adjusted non-GAAP earnings of $1.71 per share, surpassing analysts’ estimates by 4 cents (based on Refinitiv IBES data). Still, the earnings per share was -40% lower from the year-ago quarter.
Group revenues for the quarter declined -20.55% year-over-year to $5.84 billion, but managed to exceed analysts’ estimate of $5.82 billion.
The company generated $1 billion of free cash flow.
As part of its $10 billion stock buyback program, Micron repurchased 21 million shares of its common stock for $702 million during the quarter.
For the full-fiscal year 2019, Micron predicts that revenue would be in the range of $4.6 billion and $5 billion – which is lower compared to analysts’ expectations of $5.3 billion (according to IBES data from Refinitiv).
The company is planning to trim capital expenditures to $9 billion for the 2019 fiscal year, from its previous expectation of $9 billion-$9.5 billion range. Micron’s latest results and plans have come amidst a global shortage in demand for chips, owing to softening sales of smartphone and patchy frequency of purchases from cloud-computing businesses. Chief Executive Sanjay Mehrotra emphasized that Micron has been able to deliver profits despite the rocky situation facing the semiconductor industry. Also, Micron seems hopeful that demand would begin to pick up by its fourth quarter.
MU saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on October 22, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 47 instances where the indicator turned negative. In of the 47 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
The 10-day RSI Indicator for MU moved out of overbought territory on October 21, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 58 cases where MU's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
MU broke above its upper Bollinger Band on October 01, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MU advanced for three days, in of 330 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 236 cases where MU Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. MU’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.284) is normal, around the industry mean (11.949). P/E Ratio (27.235) is within average values for comparable stocks, (74.134). Projected Growth (PEG Ratio) (0.186) is also within normal values, averaging (1.823). MU has a moderately low Dividend Yield (0.002) as compared to the industry average of (0.021). P/S Ratio (6.223) is also within normal values, averaging (63.584).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of advanced semiconductor solutions such as DRAMs, NAND flash memory, CMOS image sensors, other semiconductor components and memory modules
Industry Semiconductors